Yahoo Finance's Jared Blikre examines the market closing today on lows, in addition to looking at Monster Energy's gains surrounding merger talks with Constellation brands. Read More...
Reuters
Intel’s Mobileye, partners to launch self-driving shuttles in U.S. in 2024
San Francisco (Reuters) -Intel Corp’s Mobileye unit plans to build and deploy self-driving electric shuttle vehicles with its partners in the United States in 2024, in a bid to scale up its automated driving systems beyond taxis and delivery vehicles, executives told Reuters. Mobileye, Benteler EV Systems and Beep will launch the on-demand driverless shuttles, which will feature 12 to 14 seats and no steering wheel or pedal. The shuttles will be operated in “contained geo-fenced areas” where speed limits are 35 miles an hour or less, Hinrich Woebcken, advisory board member for Beep, a mobility service provider, said.
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